Block

Last week, we hosted our third quarterly Law Enforcement Summit where we convened Block’s legal and compliance leaders with law enforcement agencies to address the dynamic landscape of financial crimes. We spent our time together discussing our commitment to combating illicit activity and the innovative tactics we’re employing through machine learning, as well as how law enforcement can best work with us in their investigations. These continuous conversations remain critical as we work to create a safer financial ecosystem for all.

Today Square Financial Services is launching the 24 Squared Grant Program in partnership with Community Foundation of Utah ?? Through the program, 24 microgrants will be awarded to 24 nonprofit organizations based in Utah engaging in community development work. Learn more about the program and how to apply:? https://lnkd.in/eq-BWeyk The small print: Square Financial Services, Inc., Member FDIC, is a Utah-Chartered Industrial Bank and wholly owned subsidiary of Block, Inc.

Hello, Sydney! Today we opened the doors to our newest office, located in Tech Central Sydney, an innovation and technology hub that stands as the largest of its kind in Australia. We’re excited to be a part of the city’s thriving tech community and to bring all of our teams from across the Block ecosystem, including Afterpay, Square, Cash App, TBD, and TIDAL, under one roof. Situated at the historic Brewery Yard, our new space spans three levels and is designed to support how our teams work. We have areas for collaboration, innovation labs and, of course, lots of room to gather over lunch, coffee, or a beer. Block is a distributed-first team and we encourage our people to work wherever they feel most creative — whether that’s from home, in one of our offices, or a mix of both. Thank you to our partners at Tzannes, The Studio* Collaborative Pty Ltd, Generate Property Group, and Buildcorp for helping to create our new hub in Sydney. We know we’re going to love it here. Learn more about our new home in Sydney: https://lnkd.in/gFmyJ4fU Block acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners and Custodians of the lands on which we live and work. We recognise Aboriginal and Torres Strait Islander peoples’ continuing connection to lands, waters and communities. We pay our respect to Elders past, present and emerging and to all Aboriginal and Torres Strait Islander peoples.

We’re proud to join Lantern, Tech Coalition’s child safety cross-platform signal sharing program, as one of its first financial sector companies. Lantern is piloting the inclusion of financial institutions to evaluate whether signal sharing can help disrupt the financial incentives associated with online child sexual exploitation and abuse (OCSEA). Read more about the partnership: https://lnkd.in/e4dz9ftc

What’s one way to break down economic barriers for refugees and new migrants? Training. Scarf set out to build a crash course in hospitality work training. What they didn’t expect was to build a supportive community along the way. We sat down with cofounder Hannah Brennan to learn about Scarf and how Block’s support is helping newly arrived young people in Australia navigate and succeed in the hospitality industry. Back in 2010, Hannah Brennan and Jessica Moran — two friends and coworkers in Melbourne’s hospitality industry — began to recognize barriers stopping young refugees and migrants from gaining employment in Australia. While there were jobs to be filled, especially in the hospitality and service industries, roadblocks like hiring discrimination, limited knowledge of employment pathways, and lack of local experience and references kept many in the refugee community from landing work in their new home country. Frustrated by the disconnect, Hannah and Jess launched Scarf — a crash course, of sorts, designed to help newcomers to Australia navigate and succeed in the hospitality industry. We’re honored to support Scarf and its mission to provide inclusive training and mentoring that can break down barriers to the economy. Read the entire interview with Hannah here: https://lnkd.in/gGjEWBK5

We're proud to support open source initiatives like My First Bitcoin - Mi Primer Bitcoin that provide bitcoin education for all.

Keeping sellers and their businesses safe is our highest priority. Read more about how we’re taking proactive steps to decrease customer service fraud.

We delivered strong results across Block during the second quarter. We’re raising our full-year profit guidance as we remain focused on achieving Rule of 40 in 2026. We also announced that we’ll be moving Block to a functional organization, and we’ve elevated Nick Molnar to lead our centralized sales function. For a full earnings recap, visit investors.block.xyz

We recognize that sustainability is closely linked with equity, access, and inclusion – all fundamental to our purpose of economic empowerment. That’s why we’ve partnered with Watershed for years to better understand and address our carbon footprint. Our goal? To achieve net-zero carbon for operations by 2030.? Watershed's impact goes beyond our collaboration, and we wanted to explore their broader mission and approach. So, we spoke with Eric Nevalsky about their work and views on economic empowerment through the lens of sustainability. Check out the full interview: https://lnkd.in/eqnEcRF5

Today we launched our inaugural Reflect Reconciliation Action Plan (RAP) in Australia, solidifying our commitment to fostering impactful Indigenous partnerships and implementing programs that drive positive social change. The plan is the latest in Block's long-standing focus on supporting Indigenous communities and advancing economic empowerment through greater investment, innovation, and access. Together with our full ecosystem of businesses, including Square, Afterpay, and Cash App, Block plans to take action through engagement, education and training, community partnerships, and cultural awareness initiatives. Over the next 12 months, Block will execute the plans set out in its Reflect RAP to help contribute to a more equitable future. To learn more about Block’s commitments, you can read the full Reflect RAP here: https://lnkd.in/eHtAhsGN The report features artwork, titled Empowered Futures, from Rhonda Sampson, proud Kamilaroi artist specializing in contemporary Aboriginal art.?